Value of imports of goods
The country’s balance of trade is Rs.500 crores. The value of exports of goods is Rs. 650 crores. What is the value of imports of goods?
Expert
Balance of trade = Value of exports – Value of imports
500 = 650 - value of imports
Value of imports = 650 - 500 = Rs. 150 crores.
10 US dollars are exchanged for 500 Indian rupees. Calculate the exchange rate for Indian currency? Answer: $1 = 500/10 = Rs.50, that is, $1 = Rs. 50
Would export businesses choose a rising or declining dollar? Would it be similar for a European tourist on a budget and visiting the Grand Canyon? Explain your answer.
Describe whether the sale of old scooter is comprised in national income?
What is the role of price in market economies?
Quetion: Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading. Include in your answer why solutions to the problem
In calculating the GDP national income accountants:
Fiscal policy measures used for achieving full-employment level of output and price include increase in the government expenditure and cut in tax rates. A cut in tax rates eliminates only the adverse effect of high tax rates, whereas an increase in government expendit
What points out revenue deficit? Answer: Revenue deficits are stated as the surplus of revenue receipts. Revenue Deficit = Revenue Expenditure - Revenue Recei
how many systems of note issue are there??
When in an economy intended investment is more than intended savings, then what is the consequence of it on the national income? Answer: When I > S, the level of
18,76,764
1953792 Asked
3,689
Active Tutors
1456962
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!